Final answer:
A risk portfolio is a collection of projects or investments that an organization has undertaken, each with its own level of risk. By balancing the risks across different projects within the portfolio, the organization can minimize the overall impact of any individual project's failure.
Step-by-step explanation:
All of the projects selected become part of a risk portfolio that balances the total risk for the organization. A risk portfolio is a collection of projects or investments that an organization has undertaken, each with its own level of risk. By balancing the risks across different projects within the portfolio, the organization can minimize the overall impact of any individual project's failure.